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Empire features interviews with top crypto founders to get the real stories that aren’t shared elsewhere. Empire is your look behind the curtain of the crypto industry. We release two episodes per week: guest interviews on Monday and a weekly roundup on Friday.
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Will Druck Kick Off The Next Phase of Crypto's Bull Market?
Druckenmiller is bullposting TradeXYZ and you're bearish? This week, we break down the TradFi incumbents suddenly leaning into crypto rails and what it means for the startups that built them. We explore Druck's viral X post, ICE bringing Hy
Cybersecurity Panic, Nationalizing AI, The Model Squeeze & Can't Own Anything
Is AI about to make the whole internet a target? This week, we unpack the PHP exploit wave and why crypto saw this cybersecurity attack pattern first. We also explore whether the AI labs get nationalized, where AI's irrational exuberance li
Which Businesses Will Survive AI? | Michael Dempsey
Will the AI labs eat everything or is tech just too sure of itself to tell what actually lasts? This week, Compound's Michael Dempsey explains why he invests against the herd in a market running on FOMO. We explore which SaaS companies surv
Is The AI Debt Bubble Finally Popping? | Weekly Roundup
Is AI's infinite capital era finally running out of road? This week, we unpack the AI bloodbath and why credit markets are flashing warnings while crypto quietly holds its ground. We explore Anthropic's growth scare, Yano's AI survival tier
Kamino's Plan To Make Tokenized Assets Actually Useful | Michael Weisz
Is tokenization pointless until you can borrow against it? This week, we sit down with Kamino's new CEO Michael Weisz on why he left fintech to build the onchain credit layer. We explore Kamino's invisible distribution strategy, why Goldman
Jeff Yan On Hyperliquid’s Plan To Bring All Finance Onchain
What if Hyperliquid’s biggest opportunity is helping the exchanges it’s compared against? This week, Hyperliquid Labs CEO & Co-founder Jeff Yan explains how Hyperliquid is building shared infrastructure for the entire financial system. We d
Compute Is A Trillion-Dollar Market Trading In Group Chats | Brett Harrison & Andrawes Bahou
How do you price a commodity that still clears in text messages? This week, we're joined by Brett Harrison of Architect and Andrawes Bahou of Compute Desk to discuss why GPU compute needs a futures market for better pricing and hedging. We
Everyone Is Watching AI While Crypto’s Bull Market Builds | Weekly Roundup
AI is absorbing investor attention while crypto fundamentals keep improving and fueling growing signs of the long-awaiting bull market. This week, we debate the economics behind AI’s boom and whether crypto’s recovery deserves more attentio
Markets Sending, Just Buy Consensus, Meta's AI Moment & Who Wins Tokenization? | Weekly Roundup
Do markets even need CLARITY when quality names and regulators are already sending? This week, we dig into pro-innovation regulators and consensus momentum trades outperforming clever rotations. We also explore Muse, inventors rarely winnin
CLARITY Failed, Many Stablecoins Debate, Circle Launches Arc & Meta's AI Edge | Weekly Roundup
CLARITY failed, but SEC and CFTC action could still accelerate onchain markets. This week, we cover what's next for crypto regulation, debate the many-stablecoin thesis, and dig into Circle launching Arc and the S&P’s push into crypto data
The Six Tokens To Own This Cycle | Yan Liberman
Which tokens are actually worth owning in today’s market? This week, Yan Liberman shares his six-token portfolio and the framework behind each position. We dig into productive vs speculative assets, catchup trades and overlooked opportuniti
Memecoins Are Stress-Testing The Future Of Tokenized Stocks | Weekly Roundup
What happens when memecoin speculation collides with onchain equities? This week, Jason and Santi unpack why Robinhood’s tokenized stocks may be crypto’s hottest new battleground. They explore the $BONER–$HIMS squeeze, murky shareholder rig
Cloudflare CEO: The Man Deciding The Internet’s Next Business Model
What happens when AI agents become the internet’s dominant users? This week, Jason sits down with Cloudflare CEO Matthew Prince to explore how AI agents could fundamentally reshape the internet’s business model. They discuss 1,000x agent tr
Robinhood Is Proving Distribution Captures Crypto’s Value | Weekly Roundup
Can Robinhood turns the crypto trenches into a serious business? This week, we unpack Robinhood Chain’s explosive growth and what it could mean for tokenized markets, Ethereum, and traditional finance. We also explore the new meme-stock mec
Beezie & Collector Crypt CEOs on Why Onchain Collectibles Are Exploding
Tokenized collectibles are one of the hottest markets right now, turning an antiquated resale market into a liquid, gamified form of commerce built around collectors. This week, Beezie and Collector Crypt CEOs, Andrea Miele and Tuomas (Tuom
Story vs Valuation, Hyperliquid TAM, Pump’s Problem & Ethena’s Token Reset
What matters more in today’s market: the numbers or the story investors believe? This week, we debate crypto’s rebound and why markets increasingly reward narrative, momentum, and massive future outcomes over traditional valuation. We also
New SEC Crypto Proposal Could Finally Fix Tokens
Can new regulations finally fix the broken token market? This week, we debate whether the SEC’s new crypto framework meaningfully changes token design, capital formation, and investor protections. We dig into token cash flows, Hyperliquid’s
Uniswap Is Building The Liquidity Network For Everything | Hayden Adams
What if Uniswap isn’t really an exchange at all, but a liquidity network for every asset? This week, Uniswap Founder Hayden Adams explains how Uniswap is evolving from a consumer DeFi app into global financial infrastructure. We explore pro
Crypto’s Speculation Problem, Regulation Without CLARITY & The Gambling Economy
Crypto adoption is accelerating, but does that mean token prices follow? This week, we unpack growing institutional interest in crypto as brokerages and fintechs push onchain, even as CLARITY stalls and memecoin activity dominates. We explo
Morpho Is Coming For The $200 Trillion Credit Market | Paul Frambot
Is DeFi’s future invisible financial infrastructure? This week, Cofounder & CEO of Morpho, Paul Frambot, joins to explore Morpho’s ambition to bring global credit markets onchain for fintechs and institutions. We discuss Midnight and fixed-
Venture Mandates, Cloudflare Wallets, Circle Earnings & Saddam Hussein Patek Philippe
What separates lasting winners from everyone chasing the next trend? This week, we dig into why specialization may be the biggest edge in venture investing as crypto, AI, and traditional finance increasingly converge. We discuss venture man
AI Fatigue, Robinhood & Every Market Becoming Crypto | Weekly Roundup
What happens when every market starts trading like crypto? This week, Santi and Rob examine how leverage, automation, and retail speculation are exporting crypto-style volatility across traditional finance. They also explore CLARITY’s fadin
Robinhood's Plan to Bring Global Finance Onchain | Johann Kerbrat
What happens when Robinhood turns crypto from a trading feature into the backbone of its global financial platform? This week, Robinhood's GM of Crypto, Johann Kerbrat, explains how Robinhood Chain connects DeFi, tokenized assets, and mains
The Bill That Could Reshape Crypto In America with Greg Xethalis from Multicoin
Is CLARITY the breakthrough crypto needs or just the beginning? This week, Jason and Multicoin’s Greg Xethalis unpack how the bill could reshape crypto’s regulatory future. They explore CFTC oversight, token classification, DeFi protections
Clarity Window Closing, Robinhood Eating Ethereum Value & Coinbase's Base Reset
Crypto's window for regulatory clarity is about to close while Robinhood raises questions about who actually captures the value created onchain. This week, we unpack Clarity’s narrowing path through Congress and what failure could mean for
Fomo Co-Founders on Building the Social Network for Finance
What happens when crypto finally builds a trading experience for everyone, not just crypto natives? This week, Jason sits down with fomo co-founders Paul and Se to discuss why consumer crypto has struggled, how fomo is approaching onchain t
Crypto's Value Capture Problem & Why Robinhood Built Its Own Blockchain
AI and distribution moats are forcing investors to separate real business transformation from crypto’s unresolved value-capture problem. This week, Jason and Santi discuss what months of researching crypto adoption taught Inversion, why the
What’s Circle’s End Game, Robinhood Launches A Chain & Venice Raises $65M
This week, we’re back with another weekly roundup to discuss the announcement of OUSD and what it means for the future of Circle. We then deep dive into Robinhood’s recent product launches, Venice’s $65M raise, crypto’s continued discussion
Can You Really Buy A House Without Selling Your Crypto? | Vishal Garg
This week, Vishal Garg joins the show to discuss how crypto and AI are reshaping the mortgage market. We deep dive into Better’s business model, why the mortgage market is so inefficient today, how to leverage tokenization and AI, partnerin
State of The Market, The Prediction Market Wars & Kraken Pursues Aave
This week, we’re back with another weekly roundup to discuss the current state of markets as worries around Strategy drag crypto lower. We then deep dive into the competition in prediction markets, the state of crypto venture, Kraken’s purs